Aircastle has announced that one of its affiliates has agreed to acquire two Boeing 747-400 production freighter aircraft.
The aircraft are currently being operated by Japan Airlines and are expected to be delivered to Aircastle during the fourth quarter of 2010.
In other news, AerCap Holdings has placed the first converted Airbus A320s freighters from its fleet on lease with European cargo operator West Atlantic.
These aircraft are part of a passenger to freighter (P2F) conversion project for up to thirty A320 aircraft that AerCap agreed with Airbus Freighter Conversions (AFC) in 2008.
Under the lease agreement between AerCap and West Atlantic, which is subject to finalisation of terms and conditions, West Atlantic will become launch operator for the A320 P2Fs by taking an initial three aircraft on lease from AerCap with deliveries between 2012 and mid-2013, with the option of a further four aircraft by 2015.
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